Abstract
Over the last decade, competition in the banking industry has intensified with a rise in the number of neo and challenger banks serving customers at one-third the cost of traditional banks.
This whitepaper explores emerging core banking trends and how technology innovations are reshaping the industry. It also highlights the evolution of core banking in the connected world, including API banking, open banking and collaborative approaches adopted by financial institutions. In conclusion, it provides an outlook for a way forward.
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